Science & Technology
(U12)
990 on File
CORUNDUM CONVERGENCE INSTITUTE
Financial strength (30%)
85/100
Reliability (20%)
40/100
Effectiveness (25%)
78/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$998K
Total Revenue
$244K
Total Expenses
$719K
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
76.0%
Fundraising Efficiency
N/A
Operating Reserve
35.39x
Liability-to-Asset
2.8%
Revenue Diversification
99.9%
Compared with Peers
FY 2024
Compared with 515 similar organizations
(United States, Science & Technology, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
76.0% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
8.6% | 13.3% |
P10P90
|
Above median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
15.4% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
35.4 mo | 11.4 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
2.8% | 0.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.9% | 91.9% |
P10P90
|
Below median |
|
Expense growth
Year over year expense growth
|
582.6% | 10.0% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
75.6% | 4.7% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $998K | $244K | $719K | 76.0% | 0 |
| 2023 | $0 | $36K | $-35,712 | 0.0% | — |
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